Publications & Press

Current equity market levels seem to us to price in an “ideal” scenario in the current trade war, even though nothing tangible has yet been finalised. The summer is likely to be a hot one, as tariff uncertainty remains high.

American exceptionalism, which prevailed in financial markets until recently, has reached its peak, & investors will have to relearn to better diversify...

Consensus expectations have been completely upended in Q1. US exceptionalism is in doubt, as the economy is slowing due to uncertainties...

The US economy is showing signs of running out of steam, at least in the polls. The DOGE budget cuts are beginning to impact growth...

The European economy is stabilizing, but not shining, while in the US, the service sector and consumer confidence are showing signs of...

The DeepSeek shock has shaken the American semiconductor and independent power producer sectors. European luxury goods performed rather...

In the latest edition of our monthly report: Editorial Overweight or underweight US equities? For 15 years, the answer is to overweight...

The global economy has proved resilient in Q4, forcing the consensus to embrace the strong growth narrative for 2025. The US economy...

The election of Donald Trump has only accentuated the outperformance of US equities, driving the dollar to its highest level of the year.

The market has already positioned itself for a Donald Trump victory and partly for a Republican victory in the Senate...

Expectations that the Fed will cut rates more aggressively than its peers are likely to be proven wrong, supporting the USD against major...

Those who persist in denying China's importance in the financial markets will regret it over the coming months, and it would be a mistake...

The US Federal Reserve is set to begin its first round of rate cuts on September 18. If it's in response to falling inflation...

Trends in vogue in 2023 and 2024, such as long Mag7 or short JPY against USD, are being seriously challenged.

French political tensions are weighing heavily on the CAC 40 and, to a lesser extent, on European indices. The US market is outperforming...